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Karnataka High Court Allows Partition Appeal by Divided Son in Hindu Joint Family Property Dispute. Son who separated from father prior to 1956 is entitled to share in ancestral property as per Mitakshara law and Hindu Succession Act, 1956.

The case involves two regular first appeals (RFA No.100007/2014 and RFA No.100028/2014) arising from a common judgment and decree dated 25.10.2013 pas...

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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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High Court of Karnataka Decides Revenue's Wealth Tax Appeals Involving Definition of 'Assets'. The Appeals Challenge ITAT Orders Regarding Assessment Years 1999-2000 to 2004-05 under Section 2(ea) of Wealth Tax Act, 1957.

The High Court of Karnataka heard a batch of Wealth Tax Appeals filed by the Revenue under Section 27-A of the Wealth Tax Act, 1957, against the order...

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Bombay High Court Dismisses Appeal by Guarantors in SFC Act Recovery Case — Directors Held Jointly and Severally Liable for Company Loan. Guarantors Cannot Raise Defences of Principal Debtor Under Section 31(1)(aa) of State Financial Corporation Act, 1951.

The appeal arises from a judgment dated 19th September 2007 passed by the learned Adhoc District Judge, Pune, in Miscellaneous Civil Petition No.859 o...

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Bombay High Court Allows Student's Discharge in Caste Certificate Fraud Case — Lack of Mens Rea and No Evidence of Petitioner's Involvement in Fabrication of Documents. Court Quashes Criminal Proceedings Under Section 11 of Maharashtra Caste Certificate Act, 2000 and Sections 420, 468, 471 IPC.

The petitioner, Ms. Safa Khwaja Shaikh, a 21-year-old student, took admission for a Diploma in Information Technology at A G Patil Polytechnic Institu...

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Bombay High Court Examines Constitutional Validity of Show Cause Notices Issued Under Repealed Drugs (Prices Control) Order, 1979. Petition Challenges Recovery of Alleged DPEA Liabilities Arising Under Paragraph 7(2) of DPCO 1979 Post-Repeal, Alleging Violation of Articles 14, 265, and 300A.

The writ petition was filed by Indian Drugs Manufacturers Association and Organization of Pharmaceutical Producers of India, acting on behalf of their...